Deal Reached on Orlando Soccer Stadium

Updated: 14 Aug 2013 03:55:16 AM

The recent Tourist Development Council held in downtown Orlando yielded some major news.

Orange County Mayor Teresa Jacobs and Orlando Mayor Buddy Dyer have agreed to a multi-million dollar package that will complete the funding for the construction of a multi-purpose soccer stadium in downtown Orlando.

This puts the city one-step closer to gaining its very own a Major League Soccer team.

The deal also includes several major boosts to Orlando’s tourist infrastructure and is partially funded by the city’s lucrative tourist tax.

Funding

Under the agreed, conditions, Orlando’s tourism and marketing will get an addition $25 million dollar boost over the next 5-years.